Title
by Americanbulls.com LLC
Last Update
17-05-2021
RELINFRA.BO
RELIANCE INFRASTRUCTURE
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
50.4000
Change:
-2.4500
Percent change
-4.64%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 52.8500, and our valid average selling price stands now at 52.3000. The previous BUY signal was issued on 29-04-2021, 18 days ago, when the stock price was 35.9300. Since then RELINFRA.BO has risen by +45.56%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
INR100⇨ 
17-05-202152.3000SELL 227.38
29-04-202135.9300BUY 157.31
07-04-202138.6500SELL 158.42
01-04-202136.9800BUY 152.64
16-03-202137.3600SELL 153.72
09-03-202132.8600BUY 136.16
25-02-202131.6000SHORT 143.82
12-02-202132.0600BUY 147.98
10-02-202131.5900SELL 149.02
02-02-202129.1800BUY 138.62
15-01-202131.4000SELL 139.60
11-01-202130.6900BUY 137.41
07-01-202128.9600SELL 138.38
01-01-202127.6500BUY 133.05
10-12-202027.3200SELL 133.99
03-12-202021.4800BUY 106.09
26-11-202021.8000SELL 106.84
23-11-202020.1200BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-05-202152.3000SELL 414.85
29-04-202135.9300BUY 287.01
07-04-202138.6500SELL 289.03
01-04-202136.9800BUY 278.49
16-03-202137.3600SELL 280.45
09-03-202132.8600BUY 248.41
25-02-202131.6000SHORT 262.39
12-02-202132.0600BUY 269.98
10-02-202131.5900SELL 271.88
02-02-202129.1800BUY 252.91
15-01-202131.4000SELL 254.69
11-01-202130.6900BUY 250.69
07-01-202128.9600SELL 252.46
01-01-202127.6500BUY 242.74
10-12-202027.3200SELL 244.45
03-12-202021.4800BUY 193.55
26-11-202021.8000SELL 194.91
23-11-202020.1200BUY 181.16
27-10-202021.5600SELL 182.44
22-10-202021.5050BUY 183.26
16-10-202021.2000SHORT 188.57
14-10-202021.9900BUY 198.36
09-10-202022.1600SHORT 199.64
07-10-202022.5900BUY 206.39
18-09-202026.4800SHORT 182.50
15-09-202027.0950BUY 189.38
31-08-202029.5100SELL 190.72
27-08-202030.4900BUY 198.44
21-08-202031.2000SELL 199.84
11-08-202030.5900BUY 197.31
07-08-202029.0200SHORT 211.55
05-08-202029.3800BUY 217.20
28-07-202030.4100SHORT 213.06
17-07-202031.4900BUY 223.75
13-07-202038.1200SELL 225.33
18-06-202022.4400BUY 133.58
10-06-202022.1000SELL 134.52
27-05-202016.2000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
INR100⇨ 
17-05-202152.3000SELL 5,169.79
29-04-202135.9300BUY 3,576.67
07-04-202138.6500SELL 3,601.88
01-04-202136.9800BUY 3,470.54
16-03-202137.3600SELL 3,495.01
09-03-202132.8600BUY 3,095.71
25-02-202131.6000SHORT 3,269.89
12-02-202132.0600BUY 3,364.43
10-02-202131.5900SELL 3,388.15
02-02-202129.1800BUY 3,151.73
15-01-202131.4000SELL 3,173.95
11-01-202130.6900BUY 3,124.05
07-01-202128.9600SELL 3,146.07
01-01-202127.6500BUY 3,024.93
10-12-202027.3200SELL 3,046.25
03-12-202021.4800BUY 2,411.96
26-11-202021.8000SELL 2,428.96
23-11-202020.1200BUY 2,257.58
27-10-202021.5600SELL 2,273.49
22-10-202021.5050BUY 2,283.68
16-10-202021.2000SHORT 2,349.80
14-10-202021.9900BUY 2,471.85
09-10-202022.1600SHORT 2,487.74
07-10-202022.5900BUY 2,571.89
18-09-202026.4800SHORT 2,274.19
15-09-202027.0950BUY 2,359.93
31-08-202029.5100SELL 2,376.57
27-08-202030.4900BUY 2,472.80
21-08-202031.2000SELL 2,490.23
11-08-202030.5900BUY 2,458.75
07-08-202029.0200SHORT 2,636.16
05-08-202029.3800BUY 2,706.62
28-07-202030.4100SHORT 2,654.99
17-07-202031.4900BUY 2,788.18
13-07-202038.1200SELL 2,807.83
18-06-202022.4400BUY 1,664.53
10-06-202022.1000SELL 1,676.26
27-05-202016.2000BUY 1,237.41
11-05-202019.5750SELL 1,246.13
26-03-20209.3350BUY 598.45
25-02-202022.6600SELL 602.67
18-02-202021.9000BUY 586.56
11-02-202020.6000SHORT 634.93
05-02-202019.4200BUY 607.03
31-01-202022.1100SHORT 548.84
28-01-202020.9050BUY 526.27
06-01-202031.2000SHORT 401.30
19-12-201921.4900BUY 280.32
15-11-201939.3500SELL 282.30
18-10-201920.0200BUY 144.64
23-09-201935.9000SHORT 101.70
06-09-201937.6500BUY 108.17
28-08-201939.9000SHORT 103.84
26-08-201939.6050BUY 104.53
19-08-201945.9700SHORT 93.12
14-08-201949.0300BUY 100.72
05-08-201948.4500SELL 101.43
01-08-201947.4300BUY 99.99
30-07-201946.0200SHORT 104.61
25-07-201945.8700BUY 105.74
04-07-201954.6500SHORT 92.39
26-06-201957.9200BUY 99.30
† Trade commissions are taken as 0.70%.

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